Wayflyer’s $150m fundraise was Ireland’s biggest venture capital deal of 2022
Overall venture capital funding was roughly flat in 2022, but there was a drop towards the end of the year
Wayflyer’s $150 million funding round was the largest of any venture capital deal in Ireland last year, a new study has found.
However, venture capital investment in Ireland dropped significantly in the final three months of 2022,.
Funding in the fourth quarter fell sharply to €244.6 million, down by 47 per cent from €458.5m, compared to the same period 2021, according to the latest VenturePulse survey from the Irish Venture Capital Association and William Fry.